$ERA
Current trend: After listing, ERA had a strong pump above 2.5 USDT but quickly corrected and dropped to around 0.90 – 1.00 USDT. Currently, the price is accumulating in a narrow sideways range.
Important support:
Zone 0.85 – 0.80 USDT → if this zone is broken, it could drop deeper to 0.65 – 0.70 USDT.
Nearby resistance:
Zone 1.10 – 1.20 USDT → if it breaks through this zone, the uptrend may return, target 1.40 – 1.50 USDT.
Volume: Recently, volume has decreased significantly compared to the early listing phase → capital flow has not returned strongly.
RSI (estimated): Currently around neutral level, with no signs of overbought or oversold.
📊 Assessment
Short term: ERA is fluctuating in the range of 0.85 – 1.20 USDT.
Medium term: Need to stay above 0.90 USDT to maintain the accumulation zone and wait for capital flow signals.
If breakout 1.20 USDT with high volume → possibility to test again at 1.50 USDT.
If it falls below 0.85 → high risk, need clear stop loss.
👉 Suitable strategy:
Short-term trade: Buy around 0.90 – 0.95, sell around 1.15 – 1.20.
Medium-term hold: Only if the price closes above 1.20 with increased volume.
Project @Caldera Official
